India's GK Energy rises 14% in trading debut; valued at $389 million
** Shares of GK Energy GKEN.NS jump as much as 14.2% to 174.7 rupees in trading debut
** Stock opened at 171 rupees on the NSE vs the issue price of 153 rupees
** Co, which provides EPC services for solar-powered agricultural water pumps, valued at 34.49 billion rupees (about $389 million), as of 11:15 a.m. IST
** Co's 4.64 billion rupee IPO includes fresh issue worth 4 billion rupees and 642.6 million rupees as offer for sale; IPO was fully-subscribed on first day of bids
** IPO garnered bids worth 304.13 billion rupees
** GKEN bucks broader losses, markets down after U.S. President Donald Trump's new tariffs on branded and patented drugs, and as IT stocks dip post Accenture's ACN.N quarterly results .BO
($1 = 88.6925 Indian rupees)
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